The recent market move lower has pushed up dividend yields on stocks, especially compared to the yield on the 10-Year Treasury, which has been falling sharply. A large number of stocks are going ex-dividend in June, and below is a list of the S&P 500 stocks yielding more than 2.5% that go ex over the next two weeks.
Nine S&P 500 stocks that yield more than 5% go ex-dividend over the next two weeks, including names like Leggett & Platt (LEG), H&R Block (HRB), Altria (MO) and NYSE Euronext (NYX). Other notables on the list below include Merck (MRK), Kimberly-Clark (KMB), Best Buy (BBY) -- which now yields 3.44%, Dr. Pepper Snapple (DPS), Automatic Data (ADP), Coca-Cola (KO) and Newmont Mining (NEM).
Remember that in order to receive the dividend, you must own the stock at the close on the day before the ex-dividend date.
Over at Bespoke Premium, we publish a complete list of all Russell 3,000 stocks going ex-dividend over the next two months. We also feature a list of the highest yielding stocks in the index that are expected to see dividend growth over the next three years.
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